trending Market Intelligence /marketintelligence/en/news-insights/trending/Fg8drG16N9VVzDxJ5dT_wQ2 content esgSubNav
In This List

Higashimaru fiscal Q3 profit climbs YOY


Optimism abounds in Indian online video industry


2022 broadband forecast shifts to market share battle with intense competition


Expand Your Perspective: Innovation


Next in Tech | Episode 64: Digital infrastructure – towers and datacenters unite! Sort of...

Higashimaru fiscal Q3 profit climbs YOY

Higashimaru Co.Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, was ¥39.45 per share, an increase from ¥38.52 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥185.6 million, an increase from ¥181.3 million in the year-earlier period.

The normalized profit margin declined to 4.8% from 5.6% in the year-earlier period.

Total revenue climbed 19.8% on an annual basis to ¥3.90 billion from ¥3.25 billion, and total operating expenses increased 21.4% year over year to ¥3.62 billion from ¥2.98 billion.

Reported net income came to ¥164.0 million, or ¥34.86 per share, compared to ¥163.0 million, or ¥34.64 per share, in the prior-year period.

As of Feb. 15, US$1 was equivalent to ¥114.50.